Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
HYG	ISHARES TR	948,745	$80.35M	17.4%	$84.69	$79.63	+6.4%	IBOXX HI YD ETF	464288513
IEF	ISHARES TR	427,511	$48.3M	10.5%	$112.97	$106.56	+6.0%	7-10 Y TR BD ETF	464287440
ICF	ISHARES TR	359,946	$38.95M	8.5%	$108.20 *	$47.10	+14.9%	COHEN&STEER REIT	464287564
—	POWERSHARES ETF TRUST	1,709,850	$26.59M	5.8%	$15.55	$13.40	—	HI YLD EQ DVDN	73935X302
BSV	VANGUARD BD INDEX FD INC	325,491	$26.38M	5.7%	$81.06	$80.63	+0.5%	SHORT TRM BOND	921937827
XLU	SELECT SECTOR SPDR TR	491,078	$25.77M	5.6%	$52.47 *	$23.08	+13.7%	SBI INT-UTILS	81369Y886
—	POWERSHARES ETF TR II	601,063	$25.72M	5.6%	$42.79	$40.33	—	S&P500 LOW VOL	73937B779
XLP	SELECT SECTOR SPDR TR	429,954	$23.71M	5.1%	$55.15	$49.76	+10.8%	SBI CONS STPLS	81369Y308
DVY	ISHARES TR	277,873	$23.7M	5.1%	$85.28	$82.38	+3.5%	SELECT DIVID ETF	464287168
SDY	SPDR SERIES TRUST	268,717	$22.55M	4.9%	$83.92	$81.30	+3.2%	S&P DIVID ETF	78464A763
QUAL	ISHARES TR	339,830	$22.43M	4.9%	$66.00	$65.71	+0.4%	USA QUALITY FCTR	46432F339
VTV	VANGUARD INDEX FDS	186,544	$15.85M	3.4%	$84.99	$81.93	+3.7%	VALUE ETF	922908744
VBR	VANGUARD INDEX FDS	147,310	$15.52M	3.4%	$105.36	$103.70	+1.5%	SM CP VAL ETF	922908611
EWZ	ISHARES	148,103	$4.462M	1.0%	$30.13	$27.60	+9.4%	MSCI BRZ CAP ETF	464286400
EWY	ISHARES	76,795	$3.999M	0.9%	$52.07	$51.33	+1.5%	MSCI STH KOR ETF	464286772
EWK	ISHARES	221,926	$3.93M	0.9%	$17.71	$16.89	+4.9%	BELGIUM CAPD ETF	464286301
EWN	ISHARES	164,179	$3.801M	0.8%	$23.15	$25.15	-8.0%	MSCI NETHERL ETF	464286814
EWO	ISHARES	257,083	$3.643M	0.8%	$14.17	$14.63	-3.2%	AUSTRIA CAPD ETF	464286202
NEM	NEWMONT MINING CORP	44,862	$1.755M	0.4%	$39.12 *	$18.17	+69.2%	COM	651639106
CTAS	CINTAS CORP	15,483	$1.519M	0.3%	$98.11 *	$20.49	+8.2%	COM	172908105
NWL	NEWELL BRANDS INC	30,827	$1.497M	0.3%	$48.56 *	$26.39	+23.7%	COM	651229106
TAP	MOLSON COORS BREWING CO	14,694	$1.486M	0.3%	$101.13 *	$70.26	+13.5%	CL B	60871R209
FCX	FREEPORT-MCMORAN INC	132,163	$1.472M	0.3%	$11.14 *	$6.37	+58.6%	CL B	35671D857
—	ALCOA INC	157,465	$1.46M	0.3%	$9.27	$9.27	—	COM	013817101
—	AGL RES INC	22,081	$1.457M	0.3%	$65.98	$61.16	—	COM	001204106
NKE	NIKE INC	26,202	$1.446M	0.3%	$55.19 *	$49.55	-1.4%	CL B	654106103
WYNN	WYNN RESORTS LTD	15,106	$1.369M	0.3%	$90.63 *	$65.22	+23.8%	COM	983134107
—	CRESTWOOD EQUITY PARTNERS LP	67,084	$1.352M	0.3%	$20.15	$16.60	—	UNIT LTD PARTNER	226344208
—	AMERICAN MIDSTREAM PARTNERS	98,322	$1.163M	0.3%	$11.83	$7.86	—	COM UNITS	02752P100
—	LEGACY RESVS LP	661,930	$1.072M	0.2%	$1.62	$4.13	—	UNIT LP INT	524707304
NRP	NATURAL RESOURCE PARTNERS L	73,129	$1.049M	0.2%	$14.34	$9.60	—	COM UNIT LTD PAR	63900P608
—	ALLIANCE HOLDINGS GP LP	49,786	$1.047M	0.2%	$21.03	$17.25	—	COM UNITS LP	01861G100
—	SUNCOKE ENERGY PARTNERS L P	92,004	$994K	0.2%	$10.80	$7.72	—	COMUNIT REP LT	86722Y101
SDLPEUR	SEADRILL PARTNERS LLC	180,024	$967K	0.2%	$5.37	$8.12	—	COMUNIT REP LB	Y7545W109
—	FORESIGHT ENERGY LP	585,560	$913K	0.2%	$1.56	$1.41	—	COM UNT RP INT	34552U104
—	POWERSHS DB MULTI SECT COMM	19,383	$837K	0.2%	$43.18	$40.28	—	DB GOLD FUND	73936B606
—	NUSTAR ENERGY LP	16,504	$822K	0.2%	$49.81	$55.14	—	UNIT COM	67058H102
—	ARCHROCK PARTNERS L P	60,368	$817K	0.2%	$13.53	$12.51	—	COM UNITS REPSTG	03957U100
—	EV ENERGY PARTNERS LP	356,156	$816K	0.2%	$2.29	$6.99	—	COM UNITS	26926V107
—	GOLAR LNG PARTNERS LP	44,250	$811K	0.2%	$18.33	$14.69	—	COM UNIT LPI	Y2745C102
MMLP	MARTIN MIDSTREAM PRTNRS L P	33,145	$766K	0.2%	$23.11	$36.84	—	UNIT L P INT	573331105
CMCSA	COMCAST CORP NEW	11,707	$763K	0.2%	$65.17 *	$24.72	+5.0%	CL A	20030N101
ALLE	ALLEGION PUB LTD CO	10,827	$752K	0.2%	$69.46 *	$54.51	+14.2%	ORD SHS	G0176J109
SPH	SUBURBAN PROPANE PARTNERS L	22,391	$748K	0.2%	$33.41	$44.34	—	UNIT LTD PARTN	864482104
—	ACTIVISION BLIZZARD INC	18,713	$742K	0.2%	$39.65	$31.10	—	COM	00507V109
—	WP GLIMCHER IN	64,785	$725K	0.2%	$11.19	$9.72	—	COM	92939N102
—	SENIOR HSG PPTYS TR	34,732	$723K	0.2%	$20.82	$22.81	—	SH BEN INT	81721M109
FSP	FRANKLIN STREET PPTYS CORP	58,671	$720K	0.2%	$12.27	$12.28	—	COM	35471R106
—	FERRELLGAS PARTNERS L.P.	38,699	$715K	0.2%	$18.48	$23.26	—	UNIT LTD PART	315293100
—	STONEMOR PARTNERS L P	28,434	$712K	0.2%	$25.04	$25.88	—	COM UNITS	86183Q100
—	CVR PARTNERS LP	86,898	$710K	0.2%	$8.17	$14.42	—	COM	126633106
MAS	MASCO CORP	22,567	$698K	0.2%	$30.93 *	$20.22	+32.5%	COM	574599106
GLP	GLOBAL PARTNERS LP	50,566	$693K	0.2%	$13.70	$26.64	—	COM UNITS	37946R109
—	HOSPITALITY PPTYS TR	23,527	$678K	0.1%	$28.82	$28.09	—	COM SH BEN INT	44106M102
—	CAPITAL PRODUCT PARTNERS L P	219,142	$653K	0.1%	$2.98	$6.36	—	COM UNIT LP	Y11082107
—	DONNELLEY R R & SONS CO	37,972	$642K	0.1%	$16.91	$16.28	—	COM	257867101
—	SANDRIDGE PERMIAN TR	243,152	$632K	0.1%	$2.60	$7.89	—	COM UNIT BEN INT	80007A102
—	MOBILE TELESYSTEMS PJSC	74,836	$620K	0.1%	$8.28	$9.78	—	SPONSORED ADR	607409109
—	VANGUARD NAT RES LLC	439,829	$620K	0.1%	$1.41	$4.02	—	COM UNIT	92205F106
—	CARE CAP PPTYS INC	23,434	$614K	0.1%	$26.20	$26.74	—	COM	141624106
—	MEMORIAL PRODTN PARTNERS LP	314,806	$598K	0.1%	$1.90	$7.03	—	COM U REP LTD	586048100
—	CENTURYLINK INC	19,702	$572K	0.1%	$29.03	$34.24	—	COM	156700106
—	REYNOLDS AMERICAN INC	10,118	$546K	0.1%	$53.96	$53.96	—	COM	761713106
—	ASHFORD HOSPITALITY TR INC	99,566	$535K	0.1%	$5.37	$6.31	—	COM SHS	044103109
—	ALON USA PARTNERS LP	49,270	$497K	0.1%	$10.09	$14.46	—	UT LTDPART INT	02052T109
—	ATLAS RESOURCE PARTNERS LP	905,065	$489K	0.1%	$0.54	$2.86	—	COM UNT LTD PR	04941A101
—	CBL & ASSOC PPTYS INC	51,604	$480K	0.1%	$9.30	$11.67	—	COM	124830100
—	CVR REFNG LP	52,641	$408K	0.1%	$7.75	$16.08	—	COMUNIT REP LT	12663P107
—	SYMANTEC CORP	17,170	$353K	0.1%	$20.56	$20.56	—	COM	871503108
—	CALUMET SPECIALTY PRODS PTNR	57,921	$284K	0.1%	$4.90	$16.68	—	UT LTD PARTNER	131476103
WU	WESTERN UN CO	11,196	$215K	0.0%	$19.20	$17.91	—	COM	959802109